ECC3690 International economics
Faculty of Business and Economics
ECC3690 International economics is a level 3, 6-credit-point, undergraduate unit from the Faculty of Business and Economics, offered in 2024 in Semester 2 at Clayton. It needs (ECC2000, ECF2731, ECW2731 or ECB2731) and (ECF1200, ECW1102, ECB1102, ECX1200 or ECC1100).
- Credit points
- 6
- Offered in 2024
- Semester 2
- Clayton
- Assessment
- Exam 60%
- and 1 other task
- Workload
- 144 hours
- per semester
This is the 2024 handbook entry. See the 2027 entry.
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Requisites
Before ECC3690
Prerequisites
Pass these before you enrol.
Prohibitions
You can't enrol if you have passed any of these.
After ECC3690
No unit lists ECC3690 as a prerequisite in the 2024 handbook.
Enrolment rules
To be successful in this unit, background knowledge and application of maths is required at the equivalent of VCE Year 12 level. You may have satisfied this by completing relevant prerequisite unit/s, or you have covered relevant topics in your final years of secondary study. You should self-assess your maths competency prior to enrolling in this unit.
Overview
This unit aims to investigate the economic interaction between countries in the context of international exchanges of commodities, assets, and factors of production. You will develop an understanding of (a) the drivers and effects of international trade in commodities and capital assets, (b) the drivers and the impact of international migration, (c) the impact of trade policy, particularly tariffs and quotas, (d) the national accounts, with particular emphasis on the balance of payments, (e) exchange rates, and (f) offshoring.
Offerings in 2024
| Teaching period | Campus | Mode |
|---|---|---|
| Second semester | Clayton | Flexible |
Assessment
- Within semester assessment40%
- Examination60%
Learning outcomes
When you finish this unit, you should be able to:
- 1
understand the key drivers of international trade
- 2
understand the sources of the gains from trade
- 3
understand the impact of capital movements and migration on domestic economic outcomes
- 4
understand the effects of trade policies on the distribution of rents across countries as well as domestic economic actors such as producers, consumers, and the government
- 5
understand the implications of international interdependence on national income accounts and the exchange rate.
Workload and teaching
- Seminars24 hours
- Tutorials12 hours
- Teaching approachActive learning
Minimum total expected workload to achieve the learning outcomes for this unit is 144 hours per semester typically comprising a mixture of scheduled learning activities and independent study. Independent study may include associated readings, assessment and preparation for scheduled activities. You are expected to complete all pre-class activities prior to your scheduled class, and post-class activities should be completed after your scheduled class. Learning activities may include a combination of teacher directed, peer directed and online engagement activities.
This unit engages you in actively applying your knowledge, skills and attributes in interactive, collaborative and reflective activities.
Learning resources
Technology resources
There may be an additional cost associated with purchasing a physical and/or virtual calculator. Specific details will be provided in the Learning Management System by commencement of Orientation week.
Where it fits
ECC3690 is part of 2 areas of study in the 2024 handbook.
Contacts
- Chief Examiners
- Associate Professor Christis Tombazos
Common questions
What are the prerequisites for ECC3690?
You need (ECC2000, ECF2731, ECW2731 or ECB2731) and (ECF1200, ECW1102, ECB1102, ECX1200 or ECC1100) before you enrol. Enrolment rules also apply.
When is ECC3690 offered?
In 2024, ECC3690 runs in Semester 2 at Clayton.
How much work is ECC3690?
The handbook expects about 144 hours of study across the semester. No students have rated its difficulty yet.
Does ECC3690 have an exam?
Yes. The exam is worth 60% of the final mark, alongside 1 other task.
Which majors and minors include ECC3690?
ECC3690 is part of Economic analysis and Economics.